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they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund? >> anything's possible. look, at the end of the day, if the ceiling is not raised and restrict expenses somewhere, refunds could be down the road. irs says if you electronically file, expect a refund within ten days, similar to last year, but, you know, they could say that now not knowing what's going to happen just, you know, a few weeks from now. gerri: we have no idea. the reality is the irs does not control this. >> absolutely not. gerri: that they have to react,d it takes a long time to make changes that need to
they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund?...
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Jan 21, 2013
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he said he has changed his position that he said he wouldn't change at all on the tax line. but he seems to be taking a very different approach. >> jennifer: hank i want to play a sound bite. take a listen. >> obama: our journey is not complete until all of our children from the streets of detroit to the hills of app lay cha to the lanes of newtown know they are cared for and cherished and always safe from harm. >> jennifer: i think he takes his role as a protector and chief very seriously. but he also signaled how he is going to deal with congress. what do you think it really signals about what he is going to be able to get done in congress. >> i'm happy he loves children, but he wants the house back in 2014. >> jennifer: that's a political statement. >> i can't help it. he vested everybody by giving up a lot, the negotiations are already over because they conceded, and now on guns he is trying to position the republicans way out there so they can look like the victors. >> jennifer: yeah, i don't think he has to try very hard to out position guns. if it has anything involvi
he said he has changed his position that he said he wouldn't change at all on the tax line. but he seems to be taking a very different approach. >> jennifer: hank i want to play a sound bite. take a listen. >> obama: our journey is not complete until all of our children from the streets of detroit to the hills of app lay cha to the lanes of newtown know they are cared for and cherished and always safe from harm. >> jennifer: i think he takes his role as a protector and chief...
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cuts, the tax -- bush tax cuts and they would have a plan to negotiate tax reform this year and we'd be well into deficit deal and tax reform right now and then he could move on to the next agenda item. well, it didn't quite work out that way. now they have to figure out what is the first agenda item? is it immigration? is it going to be guns? so we have to figure out what are they going to move on right away? >> wait one second because we're at an important juncture. i want to go back to wolf for a second. i believe we're nearing the end of our inaugural parade. >> this is the last band. this is the second to the last band. go ahead. >> these are the firefighters of idaho performing together for the first time for the inaugural parade from idaho, as i mentioned, comprised of fire departments across the state. 20 bagpipers, seven drummers and the bagpipers are dressed in kilts, as you can see, while the other marchers are wearing color guard attire. the firefighters of idaho, we're excited for the opportunity as everyone is to come and perform and represent their state in this 57th i
cuts, the tax -- bush tax cuts and they would have a plan to negotiate tax reform this year and we'd be well into deficit deal and tax reform right now and then he could move on to the next agenda item. well, it didn't quite work out that way. now they have to figure out what is the first agenda item? is it immigration? is it going to be guns? so we have to figure out what are they going to move on right away? >> wait one second because we're at an important juncture. i want to go back to...
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we've got to streamline some of the complex tax codes. to me it's much more of a balancing than what he portrayed. nonetheless he portrayed and continuing progress of taking collective action to do things together. >> ifill: when he talked about that we could not... we cannot mistake absolutism for principle. it sounded to me like he was speaking to the tea party >> he was. that's one of the criticisms of the speech was he did not speak adequately to the 48% of the people who didn't support him. some of the remarks he made didn't set their... did set their teeth on edge. i didn't feel... i thought that the president, i thought his tone was not hectoring or lecturing or sermonizing. >> ifill: maybe tone matters more >> i think tone does matter. i really do. i thought it was done with a smile. i think that's so important. and i was just struck just that, a little history, i mean, we're told that we're more a secular nation, fewer and fewer people, you know, go to church or belong to a church or whatever. but this is an openly religious even
we've got to streamline some of the complex tax codes. to me it's much more of a balancing than what he portrayed. nonetheless he portrayed and continuing progress of taking collective action to do things together. >> ifill: when he talked about that we could not... we cannot mistake absolutism for principle. it sounded to me like he was speaking to the tea party >> he was. that's one of the criticisms of the speech was he did not speak adequately to the 48% of the people who didn't...
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reforming schools, reducing the deficit and revamping the tax code. very american speech. i thought it actually was quite inclusive. meant for most americans. >> bret: republicans noted there wasn't a lot of talk how to deal with something they talk a lot about, the deficit and debt and concerned about the years ahead and how it paid for things. take a listen. >> we reject that america must comparing for those who built the country and the commitments we make to each other through medicare and medicaid and social security, they don't sap the initiative, they strengthen us. [ applause ] thaw do not make us a nation of takers, they free us to take the risks that make this country great. >> that is the only time he talk about the deficits. >> i had that same thought. reminded me of something that lincoln said or made a book review or critique. people who like this sort of thing will find this is the sort of thing they like. and for those who already agree with the president perspective, on those issues and on many others there was lots to like. it wasn't a speech that reached
reforming schools, reducing the deficit and revamping the tax code. very american speech. i thought it actually was quite inclusive. meant for most americans. >> bret: republicans noted there wasn't a lot of talk how to deal with something they talk a lot about, the deficit and debt and concerned about the years ahead and how it paid for things. take a listen. >> we reject that america must comparing for those who built the country and the commitments we make to each other through...
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so we must harness new ideas and technology to remake our government, revamp our tax code, reform our schools, and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures: a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future.(applause) our past, when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky, or happiness for the few. responsibly we live our lives, any one of us at any time may face a job loss, or a sudden illness
so we must harness new ideas and technology to remake our government, revamp our tax code, reform our schools, and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures: a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of...
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the stolid as 6 percent tax. he slapped a tax on hospitals as they provide this service. how did you see that playing out? to me it seems like a just passed that on to their consumers. >> well, this is something that states have been doing for some time. as far as levying a provider tax to help pay the state share. medicaid. and 49 states currently do levy a tax for providers and provide is being defined as not only hospitals but also -- melissa: is your impression the provider would take that out of their profits, that 6 percent? would they slap that on top of what they're charging you and i and the health insurance company? >> i don't think it is quite that simple as just an add-on costs that it would pass on to the consumers. the choice here is really, do you continue with staggering uncompensated care costs for the uninsured, or do you get some payment for those services at the hospital? melissa: i understand why they want to be paid. and is wondering where the money is coming from. i get that they want to be paid for the services. and just wondering where you think t
the stolid as 6 percent tax. he slapped a tax on hospitals as they provide this service. how did you see that playing out? to me it seems like a just passed that on to their consumers. >> well, this is something that states have been doing for some time. as far as levying a provider tax to help pay the state share. medicaid. and 49 states currently do levy a tax for providers and provide is being defined as not only hospitals but also -- melissa: is your impression the provider would take...
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. >>> the parade has begun. it is moving down pennsylvania avenue. there are marching bands. there are a lot of floats. there's a lot of people who are celebrating this day. an important day in american history. the inauguration of president obama for the second time. kate bolduan is watching what's going on, jeffrey toobin with me as well. once they get to the reviewing stand, they will be saluting all of these participants, and there are a lot of them, who have come to washington from all over the country. >>cy actually read there were twice as m
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of...
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Jan 21, 2013
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david: but after-tax income is going down, is it not? >> well, it will, but historically the consumer has the ability to readjust somewhat. but it is not a debt blow to the consumer from that perspective. david: there's still enough left over at the end of the week to go out and shop? >> right, enough get up and go with consumer credit. you see the unique thing that happened with the recession, the great recession, as they call it, is that consumer credit started to actually go down. something you haven't seen since the great depression. so what we're calling for in 2013, but perhaps more in 2014 is that consumer credit will start to extend that. that's household credit. you will see more new home sales and whatnot. >> okay. you know, and boosting this recovery is what central banks are doing, not just here in the u.s., but around the world. we're going to pull up a chart, it shows quantitative easing here in the u.s. and also by the ecp, and i'm just concerned right now, what does this mean for inflation? what does this mean for the dol
david: but after-tax income is going down, is it not? >> well, it will, but historically the consumer has the ability to readjust somewhat. but it is not a debt blow to the consumer from that perspective. david: there's still enough left over at the end of the week to go out and shop? >> right, enough get up and go with consumer credit. you see the unique thing that happened with the recession, the great recession, as they call it, is that consumer credit started to actually go...
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they feel they got their taxes hiked. >> i would be surprised if we are talking taxes. >>neil: what are we talking? autumnized deductions. >>neil: they were almost trimmed back, right? >> first, the goal would be to get four plus trillion. it would be great to get 2.5-1, spending cuts to revenues. >>neil: not 40-1. you think the ratio will be more even. >> it will be if you include the first $1.2 trillion part of the budget control act, you will see that is proposal the next that is more 1-1 so you will see around 2-1 i think. >>neil: we could argue over that. >> we argued before. i won that. >>neil: whatever. could i get your sense of where this is going? with the republican mood today trying to postpone the delegate sealing deadline for a few months, they trying to get their ducks in order, they are trying to get the immediate pressure off as much as the country but what do you think the markets which are closed, with do in reaction to the constant kicking the can. >> i am surprised by the buoyancy of the market. the next 45 to 60 days has incredible uncertainty. the
they feel they got their taxes hiked. >> i would be surprised if we are talking taxes. >>neil: what are we talking? autumnized deductions. >>neil: they were almost trimmed back, right? >> first, the goal would be to get four plus trillion. it would be great to get 2.5-1, spending cuts to revenues. >>neil: not 40-1. you think the ratio will be more even. >> it will be if you include the first $1.2 trillion part of the budget control act, you will see that is...
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we could have had a speech today for 40 minutes on retrenchment, what programs we can cut or what taxes we can cut. that's not his line of country, and i don't think he benefits from that. as the congressman said, from a continuous conversation about how we can cut the government. what kind of a presidency would that be for the next four years. he has to get back to talking about the areas where we can get something done like immigration, tax reform. even the immigration parts that brings in all sorts of people. but he also has at deep seated opposition to war which i think is refreshing from the previous administration. >> chris -- >> i think that's the vice president just shaking hands with al roker of the "today" show. >> he's done it. >> i didn't see al. >> tamron? >> i love it. maybe he could have got us a really good get there. >> we're not very far from -- we're just past the white house, and they were still out of the vehicle, and i have to tell you, rachel, at one point we witnessed the first lady with a literal bounce in her step. they are soaking this in and really enjoying t
we could have had a speech today for 40 minutes on retrenchment, what programs we can cut or what taxes we can cut. that's not his line of country, and i don't think he benefits from that. as the congressman said, from a continuous conversation about how we can cut the government. what kind of a presidency would that be for the next four years. he has to get back to talking about the areas where we can get something done like immigration, tax reform. even the immigration parts that brings in...
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gas in your tax. to me that is ludicrous. those are nice things. why it's getting ready to happen. what the possible solutions to get out of. here is a great example of how we got in trouble in the first place. what our founders believed was that we would have a very limited central government. i absolutely believe that we should have a limited central government, but it should be authoritative in terms of the areas that we give a responsibility. beyond that what you do is he totally diminish hall of these laboratories of experimentation, all these regional differences when you take it and pull that power away and said it in washington. what you're doing is markedly diminished liberty and freedoms of people outside of washington. >> is attempting? >> not for me. when i ran for the senate one of my campaign themes is, not bring anything of the oklahoma. the reason is, there is no money here. anything we send you home we are stealing from your children today. i mean, remember, out of the. half trillion
gas in your tax. to me that is ludicrous. those are nice things. why it's getting ready to happen. what the possible solutions to get out of. here is a great example of how we got in trouble in the first place. what our founders believed was that we would have a very limited central government. i absolutely believe that we should have a limited central government, but it should be authoritative in terms of the areas that we give a responsibility. beyond that what you do is he totally diminish...
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peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets are moving today. currency is a bit of great interest with regards to the european currencies and there's japan. big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular? >> they have been taking some pretty extraordinary measures over the past to months or so -- past two months or so. been very very aggressive in terms of easing the japanese yen. he believes that's going to be the major thing to tu
peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a...
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we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in support. >>shepard: if we stuck with the polls we would have had slavery longer. it is not as if bold politicians do what should be done. >> we have representatives who are up for re-election and they are representing gun owners. this campaign has to move more votes. >>shepard: stay with us. james is along the parade route. how does it look, james? >> fabulous, the president's motorcade just passed by us. he waves from the g.m.-created cadillac limousine and got a big rousing reception from the people who were gathered here in what is known as judiciary square in washington. the people were lined up, i want
we are just not going to see a carbon tax, it went down several years ago like a stone. many democrats lost in 2010 because of health square and stimulus and the cap and trade vote. we will not see banning of ammunitions or weaponry. we have hoped there is some kind of conscience us. >>shepard: you think no chance for large capacity magazines? >> the numbers do not exist on republican or democrat. >>shepard: closing the gun show loophole? >> the polls show a change in...
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attacked by six men in an ordeal lasting several hours the victims were dumped by the side of a road you tax part of nationwide protest over widespread violence against women in india. a taliban raid on the cabal traffic police headquarters has left three police officers and at least five terrorists dead the battle between insurgents and security forces lasted over nine hours it's the second raid in the afghan capital in the past week and comes amid attempts by the u.s. and afghan governments to try and engage taliban in peace talks. venezuela's charismatic leader hugo chavez will soon return to rule his country says bice president nicolas maduro according to mature over the president is recovering well and gaining strength following a severe a spirit dream faction after cancer surgery last few burnell of the long serving leader has yet to be sworn in for his the as his inauguration date was disposed indefinitely key to his extensive health problems. good times at goldman sachs stuff the investment giants are reported to be getting a significant salary boost but a lot of that money has been
attacked by six men in an ordeal lasting several hours the victims were dumped by the side of a road you tax part of nationwide protest over widespread violence against women in india. a taliban raid on the cabal traffic police headquarters has left three police officers and at least five terrorists dead the battle between insurgents and security forces lasted over nine hours it's the second raid in the afghan capital in the past week and comes amid attempts by the u.s. and afghan governments...
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only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that is now more than ten years old. john dickerson our cbs news political director, he's down on the national mall, john, you see that 35% by far the largest majority of people in our poll think the president needs to be working on the economy. >> that's still the single most important issue for the president, much further down or much smaller percentage want them work on the deficit. really the deficit and getting the budget picture in order, ending these endless confrontations over the budget will do something the white house believes and
only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that...
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plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out there. take your medicine now and then we will get down to the business of cutting spending once we have this out of the way. instead, it has been quite the opposite. this was just the first up. the camel's nose in a tent. now there are many more higher taxes coming. are you sure that there are enough democrats out there that would stand in a way of this? because i don't know. >> well, we will see. you may be right that some of these democrats make all unite behind the schumer obama budget which calls for somewhere in the neighborhood of another trillion dollar tax increase. the point i was
plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out...
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as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did that. president reagan did that. it is more of a model that reagan used. you will see him apply that to all of the issues in the pipeline. host: let me go back to something the president said in his address today. he talked about life, liberty, and the pursuit of happiness. in terms of the tactics of moving ahead on the guns agenda, we also heard the president last week talking about the inalienable rights of the average american, and that includes protecting our children. you can see a different twist on the constitut
as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did...
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he should recommend a creative revision of the tax laws, the serious debt and debt reduction program. he should have congress enacted budget which has not occurred for the past three years. he might come up with a proposal for inventing public-private partnerships to improve infrastructure, including the electric grid. and, of course, continue to encourage energy independence. the resolution of the supply of unfilled housing should be tried but only if a reelected barack obama can somehow find a unique instrument required to work with this administration to move to the center and discover ways to reach meaningful compromise with the congresswoman to pass legislation that this country so desperately needs. although it's not a -- one can ask will he be reelected. historically rarely have presidents been real elected to a second term with popular ratings in the 40% level, which is where obama rests, but so does romney. interesting to note that only three of the 19 presidents elected to a second term as relatively less popularity ratings at the time of their reelection. these are woodrow
he should recommend a creative revision of the tax laws, the serious debt and debt reduction program. he should have congress enacted budget which has not occurred for the past three years. he might come up with a proposal for inventing public-private partnerships to improve infrastructure, including the electric grid. and, of course, continue to encourage energy independence. the resolution of the supply of unfilled housing should be tried but only if a reelected barack obama can somehow find...
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tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get moving. >> you know, this speech had the word research labs in it at one point. i challenge you to find another -- >> that's poetry right there. >> right. underscoring the point about the gran u lart here. progress does not compel us to settle the debate about the role of government for all time but it does require us to act in our time. hampton pearson is on the west front of the capitol and can describe what's going on there now. hampton? >> well, number one, we've got of course a wholesale exodus of all the vips on the platform. a huge po
tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get...
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be. >> anyone surprised by the specific things he brought up, he mentioned climate change, mentioned tax reform, it was a small -- not a big laundry list but a small list. >> he addressed a generational side, we're not going to sacrifice or surrender our responsibility of the generation made this country on the altar of getting the generation. we as americans can do both. >> talking about the generation. >> that we have responsibility to those who made the country and those that will make the next counsel tree that will be america, whether it's education or training or whatever else. i just wanted to give just shout out to the brooklyn tabernacle choir. which i thought was just phenomenal. also lamar alexander, which was really exceptional and the -- not that the others weren't fine but they were. i thought the poet was great. >> that gives us an opportunity to speak more broadly about the ceremony it wasn't just the speech. the speech is at the heart of it, we can come back to that. we'll watch the president, vice president, go in to a room in the capital which they're going to sign the
be. >> anyone surprised by the specific things he brought up, he mentioned climate change, mentioned tax reform, it was a small -- not a big laundry list but a small list. >> he addressed a generational side, we're not going to sacrifice or surrender our responsibility of the generation made this country on the altar of getting the generation. we as americans can do both. >> talking about the generation. >> that we have responsibility to those who made the country and...
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of who is paying tax bills that speech was first on liberalism i do think it was the mo unapologetically liberal speech we've heard barack obama give. it was tracing american history saying that he faced to our ideals we have to change and we have to change in a collective direction. we have to guarantee equal income for women for the same work, he mentioned gay rights, mentioned climate change, he mentioned preserving medicare social security. i thought it was pretty much laying down quite liberal agenda, there was none of the bipartisan, transpartisan stuff of the first speech. and there was none of what you would call conservative speech. there was very little when he talked about story of american history it was the story of seneca, thelma, stonewall. not the story of inventors, capitalism. that was -- that's different. >> that makes it liberal? >> i think so. these are two different areas people tend to emphasize. it was less about cap stallism or hard choices, i don't think there was a mention of terrorism. so i think it was a pretty forthrightly progressive speech. >> mark shields
of who is paying tax bills that speech was first on liberalism i do think it was the mo unapologetically liberal speech we've heard barack obama give. it was tracing american history saying that he faced to our ideals we have to change and we have to change in a collective direction. we have to guarantee equal income for women for the same work, he mentioned gay rights, mentioned climate change, he mentioned preserving medicare social security. i thought it was pretty much laying down quite...
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we must harness new technology to remake our government, revamp our tax code, reform our schools and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures. a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [cheers and applause] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any on
we must harness new technology to remake our government, revamp our tax code, reform our schools and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures. a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of security and...
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he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second term. george bush had a higher approval rating. certainly, dwight eisenhower did. richard nixon did. we are reminded, it is rare that it goes up markedly from there. it usually stays or goes down. what do you hear he will do to keep that capital going? >> back capital, as you say, tends to go, depending on how the country goes. if the economy is improving, the president will take a measure of credit for that. he has shown some willingness, at least, in some areas to compromise. the problem is much of the same themes you are still hearing
he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second...
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more tax hikes on the rich? >> i think that's exactly right. he's not terribly interested in the economic agenda. you would think a country with historically high unemployment, historically we've never had higher chronic unemployment with a recovery that's the weakest since the second world war and with 16 trillion dollars of debt would address that in his inaugural address and the only extent he does, as you mention right here, is sort of class war on what he seems to attribute to the selfishness of the rich, without giving it any serious consideration. so, to the extent he's interested in the economy, he will use it for a little class war, for a little levelling, reduction, inequality. but he's outlined, showing that's not his main interest. the main interest is changing the nature of the relationship between citizen and state, where he restores the prestige of the government, the importance of the government, which used to be the case in the heyday of the liberalism before ronald reagan. >> megyn: when you heard him condemning the name calli
more tax hikes on the rich? >> i think that's exactly right. he's not terribly interested in the economic agenda. you would think a country with historically high unemployment, historically we've never had higher chronic unemployment with a recovery that's the weakest since the second world war and with 16 trillion dollars of debt would address that in his inaugural address and the only extent he does, as you mention right here, is sort of class war on what he seems to attribute to the...
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climate change, immigration and tax reform among others. the president did at one point in his speech say there are some parts of government that need to be reformed, but our usefulness of one small olive branch to republicans. but we are not a nation of takers and the fundamental foundations of the great society, medicare, medicaid and social security will be preserved under his watch and the encroachments republicans would like to make on those programs from the president's perspective in the name of deficit reduction will be, if not repelled, at least resisted. scott? >> major, thank you very much. this is the crowd in washington, d.c., live, as they begin to wander away from the national mall, after witnessing american history firsthand. during the president's first inauguration, in 2009, a historic event for the nation, of course, there were 1.8 million people in the national mall. it was the largest gathering this city has ever seen. today, we don't have the estimates, but fair to say, something perhaps just under a million people. se
climate change, immigration and tax reform among others. the president did at one point in his speech say there are some parts of government that need to be reformed, but our usefulness of one small olive branch to republicans. but we are not a nation of takers and the fundamental foundations of the great society, medicare, medicaid and social security will be preserved under his watch and the encroachments republicans would like to make on those programs from the president's perspective in the...
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Jan 21, 2013
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so we must work with new ideas and technology to remake our government, revamp our tax code. reform our schools and empower the citizens with the skills they need to work hard or learn more, reach higher. but while the means will change, our purpose endures. a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of security and dignitiy. we must make the hard choices to reduce the cost of healthcare and the size of our deficit. but we reject the belief that america must choose between caring for the building this country and investing in the people that will build this future. for we remember the lessons of our past, when the years were af a child with a disability had nowhere to turn. we do not believe in this country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibility we live our lives, any one of us at any time may face a job loss or sudden
so we must work with new ideas and technology to remake our government, revamp our tax code. reform our schools and empower the citizens with the skills they need to work hard or learn more, reach higher. but while the means will change, our purpose endures. a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of...
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they just voted to increase taxes for the first time in a generation. that's hard for republicans to do. they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters, saying how big they've grown in four years. >> they seemed like little girls four years ago and now they are young ladies. >> and notably out of the spotlight, which is just how their mother and dad want. sasha needed a box to stand on last time. no more. >> her older sister is strikingly tall. she moves around the corridors of school. >> and their grandmother, michelle obama's mother is there, also. we don't really get to see enough of her. >> as is her wish. everyone
they just voted to increase taxes for the first time in a generation. that's hard for republicans to do. they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as...
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you think this president -- we'll talk about it, but do you think he'll get there on immigration, on tax reform, when all the issues we have been arguing? >> i do think so. i think, you have talked about this, i think ronald reagan's experience was, yes, being a movie actor, but more important was being a labor negotiator. with the soviet union, with the congress, he did what he did with jack warner back in hollywood in the 1940s, was he asked for 100 and got 50. and getting 50 when you're president as we know is a pretty powerful achievement. what is barack obama? in life he's a writer and a professor. and writers and professors think in a more complex term, they reach more new nuance positions, and the president knows at heart he's a storyteller and analyst, that if he wants history to remember this presidency well he's got to make these compromises. >> that's great, at the end of the write-up, it was president carter losing office to reagan. and reagan coming into office and filling the time he talked about the old days of hollywood in the car driving up. typically howard baker in the
you think this president -- we'll talk about it, but do you think he'll get there on immigration, on tax reform, when all the issues we have been arguing? >> i do think so. i think, you have talked about this, i think ronald reagan's experience was, yes, being a movie actor, but more important was being a labor negotiator. with the soviet union, with the congress, he did what he did with jack warner back in hollywood in the 1940s, was he asked for 100 and got 50. and getting 50 when...
SFGTV2: San Francisco Government Television
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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that will be a big one because it's hard to know what you do unless you have a carbon tax or cap and trade and those are nonstarters and one-half of the legislative branch, at least. i think, george, it's my job in life to be a wet blanket. [ laughter ] let me just focus on ronald reagan as i was quite fond was inordinately fond of a statement by thomas payne we have the power to begin the world over and the least conservative sentiment anyone ever uttered but reagan was very fond of it and along comes the 44th president who says, our future is limitless. anyone who has been paying attention to american politics for the last two years knows it's all about grinding and inexorable imposing limits we're up against, promises we made we can't keep, taxes that are insufficient for our appetites, et cetera. limit, limit, limit. now i guess the job of president is to ignore this but they ignore at their peril because when jack kennedy said we will go anywhere, bear any price, bear any burden, et cetera, et cetera, we wound up in vietnam. it was a kind of incontinent optimism but is dangerous
that will be a big one because it's hard to know what you do unless you have a carbon tax or cap and trade and those are nonstarters and one-half of the legislative branch, at least. i think, george, it's my job in life to be a wet blanket. [ laughter ] let me just focus on ronald reagan as i was quite fond was inordinately fond of a statement by thomas payne we have the power to begin the world over and the least conservative sentiment anyone ever uttered but reagan was very fond of it and...
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he now has to pay a higher federal income tax rate, a higher medicare tax, and more tax on profits, dividend and interest, plus the new and much higher california income tax. he's losing, he says, 63 cents on the dollar. and he says there will be drastic changes, maybe leaving the state. but wait, phil, you ain't seen nothing yet. the obama team wants to tax the rich some more. the democrats must get a budget through the senate soon, and leading democrats want it to include yet higher taxes on wealthy people, oil and gas companies, and corporate profits. you thought we were done with raising taxes? wrong. tax more. don't cut spending. and ignore the debt. that's what's coming for another four years. stuart: monday january 21st, mar thin luther king -- martin luther king day. we're talking taxes, hollywood hypocrisy and we have the guest you hate to love all coming up. along with this company, e -- elizabeth macdonald by popular demand is back and so is charles and payne. here we are with varney & company. here's a direct quote from professional golfer phil mickelson, if you add up all the fe
he now has to pay a higher federal income tax rate, a higher medicare tax, and more tax on profits, dividend and interest, plus the new and much higher california income tax. he's losing, he says, 63 cents on the dollar. and he says there will be drastic changes, maybe leaving the state. but wait, phil, you ain't seen nothing yet. the obama team wants to tax the rich some more. the democrats must get a budget through the senate soon, and leading democrats want it to include yet higher taxes on...
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i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. i just got started and i'm like "hey, that first 20 came off, well it wasn't too hard at all." i love breads. you can still eat bread. i love my sweets. i can still have a cookie on weight watchers. i love the barcode scanner. occasionally, i'll use it at the bar. of course! that's what it's for, right? bar code. oh i think i'm never going there again. i feel healthy. and just...young again. [ female announcer ] weight watchers online. the power of weight watche
i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight,...
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he wants -- he's talked about the economy and balanced approach in terms of taxes and things like that. he also wants to really focus on how can we continue to grow the economy and create jobs that will get people to work and so that requires probably a little bit of spending, which is something that republicans don't want to hear. that's what his goals are. >> okay. professor, thank you so much for your time today. >> thank you. >>> when the president takes the oath of office today, it may be deja vu all over again. he took that very same oath less than 24 hours ago. that ceremony just 32 seconds. it happened yesterday at the white house. yesterday's oath was necessary under u.s. law. today is simply a ceremony and will feet you areature a bigger. the inaugural celebration under way out there as we've been showing you all morning long. we've seen the obama and biden families attending church services at st. john's episcopal church. tracie potts is live outside the west front of the u.s. capitol. a lot of people there. estimated 800,000 people pouring into the capital to hear today's i
he wants -- he's talked about the economy and balanced approach in terms of taxes and things like that. he also wants to really focus on how can we continue to grow the economy and create jobs that will get people to work and so that requires probably a little bit of spending, which is something that republicans don't want to hear. that's what his goals are. >> okay. professor, thank you so much for your time today. >> thank you. >>> when the president takes the oath of...
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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and molly monger's competing tax measure was far down on the ticket. and they revealed it was a abuse of power. generally the conventional wisdom is things at the top of the ballot have a better chance of passings, the further down they get on the ballot, they are more likely to vote no or not vote. how do we decide what order things go on the ballot. traditionally it's been determined by who gets their signatures in first. in last year's election, the pta backed income tax for education got their signatures in first so they should have been at the top of the ballot. jerry brown was in a pickle. he needed his prop 30 on the ballot and needed pull position. what was he going to do. he needed to pass a law. most laws go into effect the year after it's enacted. he needed to pass a law that's enacted immediately. here's what democrats in sacramento did. they created a 1000-dollar appropriation, slapped it onto a bill that would put jerry brown's bill at the top of the ballot and passed it as a budget bill because budget bills go into effect immediately. of
and molly monger's competing tax measure was far down on the ticket. and they revealed it was a abuse of power. generally the conventional wisdom is things at the top of the ballot have a better chance of passings, the further down they get on the ballot, they are more likely to vote no or not vote. how do we decide what order things go on the ballot. traditionally it's been determined by who gets their signatures in first. in last year's election, the pta backed income tax for education got...
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Jan 21, 2013
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. go, go, go, go! bye sweetie. honey what are you doing? we gotta go! it's dress-like-a-president day, i'm supposed to be martin van buren. who? martin van buren! google? martin van buren. ♪ [ female announcer ] new roc® retinol correxion max. the power of roc® retinol is intensified with a serum. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. roc® max for maximum results. >>> welcome back to our continued coverage of the presidential inauguration. while president obama and the vice president and their families are eating lunch inside the capitol, most folks are heading over to the parade grounds. let's check in with erin burnett who is standing over at freedom plaza. erin, how are the crowds where you
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. go, go, go, go! bye sweetie. honey what are you doing? we gotta go! it's dress-like-a-president day, i'm supposed to be martin van buren. who? martin van buren! google? martin van...
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so repatriating money that's already taxed to the united states will boost our economy and allow us to create jobs here and maybe could be tie intoed creating an infrastructure bank, but we need some fundamental changes. belief it or not we care more than anything else about the health of the economy, so deficit reduction is really big for us. we support the simpson-bowles, we're the only association that does. it hurts etch, it's shared sacrifice, it's painful even for us but we need stability in our finances as a country, and every responsible business should stand up and say that, and we're urging both sides -- republicans and democrats -- to recognize the pain has to be spread around. there's some things, patent controls that effects innovation. basically, people don't produce anything but lawyers. it's not really a good way to get a society. and from the smallest start-up to the biggest economy everyone's saying we need more certainty, you shouldn't be putting people out of work in actively-of run companies if they're don't even think they're breaking someone's patent. there has t
so repatriating money that's already taxed to the united states will boost our economy and allow us to create jobs here and maybe could be tie intoed creating an infrastructure bank, but we need some fundamental changes. belief it or not we care more than anything else about the health of the economy, so deficit reduction is really big for us. we support the simpson-bowles, we're the only association that does. it hurts etch, it's shared sacrifice, it's painful even for us but we need stability...
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LINKTV
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they have been given 18 tax breaks by mr. obama, as he keeps telling us, so they've got theirs. big businesses are mimicking profit, wallowing in bonuses. they can pay the minimum wage. i just read -- wrote a letter to the head of walmart is that, "look, you grows over $300 billion in u.s.. this will cost you less than $2 billion to take a million or so of your workers up to $10.50. he would get less turnover and more productivity and will sleep better at night." >> how does wal-mart's wages here compared to wages elsewhere, worldwide? >> in western europe, for example, walmart has stores, employees. they have to give them a paid vacation. they're often -- they all have health care because it is universal, government health care. they have to give them paid sick leave, including family sick leave. they have better benefits because they are required to do it. so why is walmart treating european workers, and in some respect canadian workers -- in ontario, the minimum wage is $10.25, not $7.25 here in the u.s. why is walmart to the workers in foreign countries so better than the wo
they have been given 18 tax breaks by mr. obama, as he keeps telling us, so they've got theirs. big businesses are mimicking profit, wallowing in bonuses. they can pay the minimum wage. i just read -- wrote a letter to the head of walmart is that, "look, you grows over $300 billion in u.s.. this will cost you less than $2 billion to take a million or so of your workers up to $10.50. he would get less turnover and more productivity and will sleep better at night." >> how does...
WHUT (Howard University Television)
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WHUT
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you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on those spending cuts and the increase in borrowing. >> he really is confronted with and will be preoccupied for the next several months with this huge fiscal problems in the united states. projections of deficits that are enormous and a clear disagreement between the president's and members of his party and the republicans in congress over what to do with it. >> let's talk about this shocking report that we have both been mentioning. the global economic downturn has hit women and girls the hardest. many households have coped with the economic pressure of the last few years by taking their children, their girls, of the school to help at home. the numb
you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on those spending cuts and the increase in borrowing....
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i will give you a tax and health care review. i can help you figure it out. ♪ ♪ mmm. it's delicious! another angry-satisfied customer. you don't need toppings! and that is why we're fixing this. hey earth! stop topping triscuit! [ male announcer ] 100% whole grain woven for an untoppable taste. maybe you can be there; maybe you can't. when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. ♪ ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing
i will give you a tax and health care review. i can help you figure it out. ♪ ♪ mmm. it's delicious! another angry-satisfied customer. you don't need toppings! and that is why we're fixing this. hey earth! stop topping triscuit! [ male announcer ] 100% whole grain woven for an untoppable taste. maybe you can be there; maybe you can't. when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to...
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Jan 21, 2013
01/13
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CSPAN
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it seems to me it is tax and spend. let's not talk about the deficit. let's talk about gun control. these priorities are skewed. host: that was stated in the bronx, new york. we want to show you a video of harry -- talking about presidential artifacts. >> part of it is just about the enthusiasm. are meant to be days of national celebration and national unity. they are not always that way, but they are souvenirs' that .eople may create in the days of george washington, there were bronze buttons and pendants that people could buy things from --that people could buy. i particularly like this, a glass tray, sold on that day. it is to mimic a card. it has generally 20th, 1961, marking president kennedy costs of moving. moving.dy's the idea that people get license plates -- these are good for a day or a week. you can put them on the -- under cars. you are part of the celebration. go to the parade. this happens to be kennedy in 1961. you can watch the crowd up above for those of us who are a little bit shorter. we see these kinds of continuity, this ongoing, both the material and this expr
it seems to me it is tax and spend. let's not talk about the deficit. let's talk about gun control. these priorities are skewed. host: that was stated in the bronx, new york. we want to show you a video of harry -- talking about presidential artifacts. >> part of it is just about the enthusiasm. are meant to be days of national celebration and national unity. they are not always that way, but they are souvenirs' that .eople may create in the days of george washington, there were bronze...